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2010 October 15   06:50

MSC rises rates on Europe-Asia service

Bucking global pricing trends, Mediterranean Shipping Co. said Thursday it will raise rates on shipments form North Europe to the Far East as of Nov. 1.
The general rate increase it posted on its Web site is $100 whether for 20-foot containers or 40-foot containers.
The carrier said it is raising rates “in view of the strong demand for space and equipment.”
MSC said the increase will apply to all cargoes (including waste products, such as paper, plastics, etc.) from all origins in Europe, including Northern Europe, the UK, Scandinavia, the Baltic, both the Western and Eastern Mediterranean and the Black Sea, to all destinations in the Far East, including China, Japan, Korea and Southeast Asia.

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